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    Financial Accounting Study Set 11
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    Exam 5: Receivables and Revenue
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    A Three Months,12% Note for $17,000,dated April 15,is Received from a Customer.The
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A Three Months,12% Note for $17,000,dated April 15,is Received from a Customer.The

Question 117

Question 117

Multiple Choice

A three months,12% note for $17,000,dated April 15,is received from a customer.The maturity value of the note is:


A) $510.
B) $17,000.
C) $17,510.
D) $19,040.

Correct Answer:

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